$1,500,000

5830 Midnight Pass Rd Unit 502 Sarasota, FL 34242

$10,000
Closing credit¹
2 beds
2 full
1,285 sqft
$1,167 / sqft
Condo

Property details

About 5830 Midnight Pass Rd Unit 502

BRAND NEW A/C The Beach, Elevated this updated 5th floor high above the Gulf a Golden opportunity to own directly on Siesta Key Beach. Rarely available perfectly situated direct beach front with a weekly rental program managed on site 52 weeks a year. Endless BEACH VIEWs in the wrap around deck specific to this unit on the 5th floor you will be well protected from high tides. NEW HURRICANE WINDOWS and/or shutters 2023 new railings on the balconies and fresh interior and exterior paint assessments have been paid. This unit comes turnkey furnished a top performer when rented Unit 502 rental income can be verified final net 2024 $70,335. You will love the large wine refrigerator great for chilling soft drinks and water too enjoy on your open balcony hovering over the beach cannot get closer that this and still able to sleep at night. You will appreciate the extra owners storage unit on the first level of the building convenient for your personal beach chairs and umbrellas. Jamaica Royale features 3 swimming pools and beach side chairs for relaxing on Crescent Beach. Central island location for easy access to south and north villages on Siesta key shopping dining and live entertainment. Access the trolley for free rides to either end of Siesta Key. This unit is rented through July 2025. This property has the "MILESTONE" inspection for Jaimaica Royale.

Highlights

Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size1,285 sqft
Year built1976
ParkingAssigned, Ground Level, Guest, Under Building
MLS #A4636684
ViewWater

Summary

  • MLS Number: A4636684
  • MLS Name: MFRMLS
  • Office Name: ROSEBAY INTERNATIONAL REALTY, INC
  • Office Phone: (941) 366-7673
  • Listing Agent: Marianne LeBar

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
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Last updated on: 3/14/2025, 7:19:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of building exterior

$1,500,000

5830 Midnight Pass Rd Unit 502

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Phillippi Shores Elementary School

Public Magnet PK-5

2.0 mi

4747 S Tamiami Trl

7

Gulf Gate Elementary School

Public District PK-5

2.3 mi

6500 S Lockwood Ridge Rd

10

Southside Elementary School

Public District PK-5

3.3 mi

1901 Webber St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $73,734. The most common annual income of people living in Sarasota, FL is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
53%
35k-100k
20%
100k-200k
17%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

44%
Single, No Kids
1%
Single, with Kids
54%
Married, No Kids
1%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

1%
<11 yrs old
1%
12-17 yrs old
1%
18-34 yrs old
22%
35-64 yrs old
75%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Men's TennisMen's Tennis
  • SoccerSoccer

Where do the neighbors shop?

  • Chico'sChico's
  • BloomingdalesBloomingdales
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • CadillacCadillac
  • LexusLexus
  • LincolnLincoln

What do the neighbors listen to?

  • ClassicalClassical
  • NewsNews
  • AlternativeAlternative
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5830 Midnight Pass Rd Unit 502

This home is located at 5830 Midnight Pass Rd Unit 502 in Sarasota, FL and zip code 34242 in the Siesta Key neighborhood. This 1,285 square foot home was built in 1976. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 21, 2025 and is currently priced at $1,500,000.

In February 2025 more than 17 listings in Sarasota, FL were sold above the asking price. During the same period more than 62 listings were sold at asking price, while more than 258 were sold below. The number of homes for sale in Sarasota, FL increased by 10.1% between January and February 2025. The median list price of listings available in February 2025 was $510,555, while the average time on the real estate market was 72 days.

From Rocket Homes Real Estate and based on county public records data.

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